Deals
Dubai’s Averda Said to Be in Better World SPAC Merger Talks
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Dubai-based provider of waste-disposal services Averda is in talks to go public through a merger with Better World Acquisition Corp., a blank-check firm, according to people with knowledge of the matter, in what would be a rare deal involving a U.S.-listed SPAC and a Middle Eastern company.
The transaction’s size couldn’t immediately be learned. A deal, if reached, could be announced in coming weeks, one of the people said.